Condition Surveys: Tankers Which Have Carried Heavy Fuel Oil as Cargo

As in previous years and in accordance with International Group practice, the Club is required to carry out condition surveys of seagoing tankers aged 10 years or more if they carried

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Are you entitled to payment under your contract: have you dotted your ‘i’s and crossed your ‘t’s?

The general principles of contractual interpretation are easy to state, but the application of such principles appears to be deceivingly simple, given the recent string of differing English decisions that demonstrated

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USCG guidance on safety considerations for simultaneous operations during LNG bunkering

The United States Coastguard (USCG) has issued a notice on the safety considerations for simultaneous operations (SIMOPS) during LNG fuel transfer operations (here).

Even though the guidance is provided to

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World oil market prospects for the second half of 2017

The gradual recovery of the world economy continues and stronger-than-anticipated growth in 1Q17 has lifted the world GDP growth forecast for 2017 to 3.4%, up from the 3.1% growth seen in

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API: Petroleum demand last month highest for May since 2007

Total petroleum deliveries in May moved up by 4.9 percent from May 2016 to average 20.1 million barrels per day. These were the highest May deliveries in 10 years, since 2007,

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